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  2. Looking to buy your first home? Here's why (and how) to get ...

    www.aol.com/looking-buy-first-home-heres...

    What are your tips for first-time buyers looking to get pre-approved? While a pre-approval will give a good estimate of how much a lender will be willing to loan you, it will often show the ...

  3. 13 Tips On How To Get Preapproved for a Mortgage - AOL

    www.aol.com/13-tips-preapproved-mortgage...

    If you think you’re ready to take the big leap into home ownership, there are a lot of things you need to do to prepare, but one of the first is to seek preapproval for a mortgage.. Learn More ...

  4. How to get preapproved for a mortgage - AOL

    www.aol.com/finance/preapproved-mortgage...

    Yes, you can get preapproved for a mortgage as a first-time homebuyer, and it’s a good idea to do so before you start seriously looking for a home. The same guidelines often apply for first-time ...

  5. Pre-qualification - Wikipedia

    en.wikipedia.org/wiki/Pre-qualification

    In a mortgage context, pre-qualification denotes a process that has not yet been underwritten by the lending institution. Typically, subprime lenders will allow 50% DTI. . Common monthly debts used for calculating DTI are mortgage (or new mortgage payment), auto payment(s), minimum credit card payment(s), student loans, and any other common monthly or revolving debt that is on the applicant's ...

  6. Mortgage prequalification vs. preapproval: How to time these ...

    www.aol.com/finance/mortgage-prequalification-vs...

    Prequalification. Preapproval. Purpose. Establishes your homebuying budget as a first step before you shop. Provides lender-vetted details as a critical step to make offers on homes you want to buy

  7. First-time buyer - Wikipedia

    en.wikipedia.org/wiki/First-time_buyer

    The Lifetime ISA gives a similar 25% top-up from the government towards a First Time Buyer's home purchase, but also gives the flexibility to save the money and the top-up for retirement. [19] The First Homes Scheme was launched in June 2021, which enabled first-time buyers, local people and key workers to purchase a property at a discounted rate.

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